China’s 1st quarter record performance will accelerate momentum in China and support recovery in the US and global economic prospects – as long as unwarranted geopolitical tensions remain in check. A year ago, China’s first quarter plunge was -6.8 percent, due to the pandemic effect. In the West, it was widely seen as the “end of China's growth story.” Instead, in early February 2020 I predicted a turnaround in the increase of new virus cases in China, with the beginning of the economic rebound in the second quarter. Following the 6.5 percent expansion in the fourth quarter of 2020, the GDP rose to a record 18.3 percent year-on-year in the past quarter.